GBP/USD: Pound trading marginally lower ahead of UK’s ILO jobless rate data

Posted on April 17, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.72% against the USD and closed at 1.4934, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1.4929, with the GBP … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on April 16, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.24% against the USD and closed at 1.0676. Yesterday, the ECB, in its policy meeting, decided to hold interest rates steady at 0.05%, in line with market estimates. … Continue reading →

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AUD/USD: Australian unemployment rate surprisingly fell in March

Posted on April 16, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.84% against the USD to close at 0.7680. LME Copper prices rose 0.07% or $4.0/MT to $5920.5/MT. Aluminium prices rose 2.29% or $40.5/MT to $1811.0/MT. In the Asian … Continue reading →

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USD/CAD: The BoC kept its interest rate unchanged

Posted on April 16, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.48% against the CAD to close at 1.2303, following worse than expected industrial production data in the US. Yesterday, the BoC maintained its interest rate steady at 0.75%, … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the Asian session

Posted on April 16, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.82% against the CHF and closed at 0.9647. In the Asian session, at GMT0300, the pair is trading at 0.9638, with the USD trading 0.1% lower from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on April 16, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.19% against the JPY and closed at 119.16. In economic news, industrial production in Japan slid 3.1% on a monthly basis in February, following a 3.4% drop recorded … Continue reading →

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GBP/USD: Pound extends its gains in the Asian session

Posted on April 16, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.4827, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1.4840, with the GBP … Continue reading →

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AUD/USD: The RBA must cut interest rates again, warned the IMF

Posted on April 15, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.37% against the USD to close at 0.7617. Yesterday, the IMF indicated that the RBA needs to cut its interest rates again, as inflation was slowing down too … Continue reading →

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USD/CAD: The IMF trimmed Canada’s GDP outlook

Posted on April 15, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.84% against the CAD to close at 1.2488. In economic news, the IMF lowered its economic growth projection for the Canadian economy to 2.2% in this year, from … Continue reading →

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USD/CHF: Swiss Franc reverses its gains in the Asian session

Posted on April 15, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CHF and closed at 0.9727. In the Asian session, at GMT0300, the pair is trading at 0.974, with the USD trading 0.13% higher from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen trading on a stronger footing this morning

Posted on April 15, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.57% against the JPY and closed at 119.38, after the US advance retail sales rose less than expected in March. Yesterday, the IMF upgraded Japan’s economic growth and … Continue reading →

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